
Cheap Homes for Rent in Fairmont City, IL from $400 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Fairmont City.


508 N 48th St

638 Terrace Dr

1209 N 11th St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

2734 Center St

5611 Hallows Ave

1908 Rhodes St

8 Jardin Ct
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Fairmont City, IL Local Guide

How much does it cost to rent a home in Fairmont City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fairmont City 2 Bedroom Homes for Rent | $1,340 | $500 | $2,795 |
| Fairmont City 3 Bedroom Homes for Rent | $1,578 | $1,150 | $2,250 |
| Fairmont City 4 Bedroom Homes for Rent | $1,450 | $1,450 | $1,450 |
| Fairmont City 5 Bedroom Homes for Rent | $3,100 | $3,100 | $3,100 |
Browse Top Homes for Rent in Fairmont City
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Fairmont City, IL Local Guide
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Cheapest Available Fairmont City Apartments for Rent and Nearby
 The cheapest available apartment rental in Fairmont City, IL is a 1 Bed unit found at Collins Terrace Apartments in the Lafayette Square neighborhood priced from $613. Downtowner Apartments in the Lafayette Square neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $775. Here is today’s list of the most affordable Fairmont City apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Collins Terrace Apartments | 1 Bedroom Large | 1BR,1BA | $613 |
| Downtowner Apartments | Studio | Studio,1BA | $775 |
| Parsons Place Apartments | 1 Bedroom Tax Credit*** | 1BR,1BA | $851 |
Best Value Apartments for Rent in Fairmont City, IL and Nearby
As of January 02, 2026 the best value apartment in the Fairmont City area is the $0.52 price per square foot Two Bedroom Model at Pointe 400 Apartments in the in the Lafayette Square neighborhood starting from $1,481. The second greatest value Fairmont City apartment is the 2 Bedroom 2 Bath Model at Roberts Galerie Lofts starting at $1,500 with a $0.80 price per square foot in the Lafayette Square neighborhood. Here is today’s list of the best values for Fairmont City apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pointe 400 Apartments | Two Bedroom | 2BR,2BA | $0.52 |
| Roberts Galerie Lofts | 2 Bedroom 2 Bath | 2BR,2BA | $0.80 |
| Denim Lofts | B | 2BR,2BA | $1.20 |
| Fashion Square I | B2 | 2BR,1BA | $1.11 |
| Syndicate Building | Stabdard 1BR | 1BR,1BA | $1.11 |
| Storyboard on Pine | Pine B3 | 2BR,2BA | $1.23 |
| Leather Trades | One Bedroom Loft | 1BR,1BA | $1.28 |
| Bee Hat Lofts | A3 - 1 Bed 1 Bath | 1BR,1BA | $1.20 |
| Collins Terrace Apartments | 2 Bedroom Basement Unit | 2BR,1BA | $1.00 |
| Cityside Apartments | Dogwood | 1BR,1BA | $1.33 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Fairmont City
What type of rentals are currently available in Fairmont City?
There are currently 170 Apartments for Rent in Fairmont City, IL with pricing that ranges from $629 to $7,935. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairmont City ranging from $400 to $3,100.
What is the current price range for Rental Homes in Fairmont City?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Fairmont City ranges from $400 to $3,100 with an average monthly rent of $1,477.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!